30.08.2011 - Qatar National Bank plans $7.5 bln bond program
Qatar National Bank, 50-percent owned by sovereign wealth fund Qatar Investment Authority, set up a $7.5 billion euro medium term note (EMTN) programme to fund its banking operations, the company said in a statement on Monday. QNB said it has appointed Barclays, HSBC and QNB Capital as arrangers for the bond programme but did not indicate if the lender had any plans to issue debt in the near future. QNB last issued a five-year $1.5 billion with a coupon of 3.125 percent in November..............................................Full Article: Source
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